The Lithuania Gambling Supervisory Authority has revealed that turnover from regulated lottery gaming in the country during the nine months to 30 September 2019 climbed 10.1% year-on-year to €82.3m (£70.2m/$91.2m).
The gambling industry in Spain produced €7.77bn in gross gaming revenue (GGR) in 2018 with the online sector rising 22.5% to bring in GGR of €812.0m, according to new figures published by the Dirección General de Ordenación del Juego (DGOJ), the country’s gambling regulator.
Online lottery brokerage Zeal Network has warned that full-year revenue and earnings are likely to fall significantly from the prior year, following its acquisition of Lotto24 and the pivot of its Tipp24 business from lottery betting to brokerage.
International Game Technology (IGT) has reached a settlement with video slot manufacturer GC2 Incorporated over a dispute related to copyright infringement and intellectual property licensing rights on certain gaming content. The supplier has also struck a deal to update the Oregon Lottery's central computer system with its INTELLIGEN software.
Zeal Networks has reported marginal revenue growth for the first half of 2019, with a positive contribution from the recently acquired Lotto24 business offsetting a decline caused by the closing of its Lotto Network and Venture24 brokerage businesses.
Australia’s Tabcorp has reported revenue of AUD$5.5bn (£3.08bn/€3.32bn/$3.71bn) for its financial year ended 30 June, 2019, strong growth in lottery revenue offsetting a decline in revenue from its Wagering & Media division over the year.
iGaming solutions giant Playtech has expanded its relationship with the Ontario Lottery and Gaming Corporation to provide the organisation with its BetBuddy gambling data analytics technology for use on its igaming platform.
French gaming operator La Française des Jeux (FDJ) has reported a 5.5% year-on-year increase in revenue for the first half of the year, with chief executive Stéphane Pallez crediting the FDJ 2020 digital transformation strategy as driving growth.
Swedish state-owned gaming business Svenska Spel has seen profits hit by increased regulatory costs in the first half of the year, though the operator noted that customer growth and revenue had recovered during the second quarter.
Swedish gambling regulator Spelinspektionen has issued United Lottery Solutions with an official warning and financial penalty of SEK700,000 (£52,423/€65,492/$73,304) after ruling the Lottoland operator breached national laws on lottery betting.
Canadian provincial lottery operator Loto-Québec has reported a 3.1% year-on-year increase in revenue to CAD$2.83bn (£1.68bn/€1.89bn/US$2.12bn) for its 2018-19 financial year, with the contribution from its igaming offering growing to $105.4m.